As Kuwait marks its dual celebrations this month – 58 years of independence and 28 years since liberation, Passions Arabia takes a view on the state of the nation and its opportunities for the future, firstly through a snapshot of the country… in numbers.

A move to a greater reliance on the private sector is aligned with a smaller reliance on the public, and almost exclusively oil-funded, sector. 

We lay the groundwork for you here with a snapshot of the country’s current situation, as Kuwait’s ambitious plans, led by visionary business leaders and a fresh burst of enthusiasm from the Emirate’s government for a ‘New Kuwait’ by 2035, begin to crystalize and become a tangible reality.

Area // total: 17,818 sq km 

Boundaries // total: 475 km // border countries: Iraq 254 km, Saudi Arabia 221 km 

Coastline // 499 km 

Mean elevation // 108 m 

Highest point // 300 m 

Population // Total: around 4.3 million // Ethnic groups: Kuwaiti 31.3%, other Arab 27.9%, Asian 37.8%, African 1.9%, other 1.1% 

New Kuwait’s Development Plan: 

28 Programs // 279 Projects 

Investment Ratings: 

Fitch – Aa // Moody’s – Aa2 

Economy & Growth: 

GDP per capita 

USA = $59 // Kuwait = $51 // UK = $48 

Real GDP Growth: 2015 = 2.0% // 2016 = 2.4% // 2017 = 2.6% 

Rate of Inflation: 2.7% 

Non-oil activity: 2016 = 4% // 2017 = 5% 

Human Capital and Labour Force: (% of population over age of 18) Labour force = 69.2% // Non-labour force = 30.8% 

Youth Unemployment: Employed = 82.7% // Unemployed = 17.3% 

Human Development Index: Germany = 0.926 // Kuwait = 0.8 // Mexico = 0.762 

Gender Development Index: Norway = 0.993 // Kuwait = 0.972 // Turkey = 0.908 

Headline Facts: 

High Investment Rating 

High Growth in Non-Oil Sector 

High GDP 

High usage of High-Speed Internet and Mobile 

Low Inflation Rate 

High Human Development Index